Alexander Schindler, Union Investments’ institutional business head, says helping pensions and insurers is not just about investment products and advice.
Tristan Hanson, head of asset allocation at Ashburton, says more certainty about European and US growth prospects is required before equity indices break out of their trading ranges of the past year and a half.
Ratings agency Moody’s Investors Service has cut the long-term debt and deposit ratings for 26 Italian banks, as the crisis in Europe clouds their prospects.
As the eurozone crisis continues to batter markets today, we highlight the five key challenges facing the continent.
Fund managers buying distressed European assets tell David Walker why the gloomy business climate is a good environment for their investments.
LTRO driven liquidity is providing a positive environment for fixed income, particularly in the eurozone, says Nick Gartside of JP Morgan Asset Management.
Data published by the European Central Bank today shows that its massive liquidity injection efforts are failing to be passed through to the real economy, according to research from Danske Bank.
The current market recovery in Europe has strong parallels to the way markets performed post the initial euphoria in 2009, according to research conducted by Invesco Perpetual’s UK-based European equity team.
The Eurozone may may be enjoying a lull in the region’s debt crisis, but Portugal is feeling the burden of its peripheral status, with liquidity shrinking, confidence declining and no sign of the economic growth that must eventually counter its €92bn primary debt.
The ECB’s long-term refinancing operations (LTRO) has helped target support “where it is most needed”, into weak banks in weak economies, says Skandia Investment Group chief investment officer James Millard. But the group still favours emerging markets.
Former European Central Bank Executive Board member Lorenzo Bini Smaghi discusses Bundesbank president Jens Weidmann’s letter to ECB President Mario Draghi warning of risks in the bank’s three-year loan operation.
Boston-based Loomis Sayles, a Natixis Global Asset Management subsidiary, has set up new offices in London to reinforce its client base in Europe and have real time access to European markets.